1140 W 89th St, Los Angeles, CA 90044

$655,000
3
BD
2
BA
1,062
SqFt

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Sold Price
$655,000
List Price
$675,000
Closing Date
Mar 06, 2026
MLS#
26641575
Year Built
1921
Bedrooms
3
Bathrooms
2
Living Sq. Ft
1,062
Lot Size
6,103
Days on Market
7
Property Type
Multifamily

Property Description

Excellent opportunity to acquire a well-located 2-unit property offering strong in-place income with upside potential. The property consists of two separate structures on one lot, providing desirable unit separation and flexible use for investors or owner-users. Current rents total $3,900 per month, delivering immediate cash flow from day one. Both units feature functional layouts with natural light, updated flooring in select areas, and private living spaces. The rear unit offers added privacy, making the property attractive to tenants seeking separation between units. Large rear yard allows for convenient on-site parking and additional usability. Located a short distance to major thoroughfares, shopping, dining, and public transportation, this property benefits from strong rental demand and central accessibility. Offered at an attractive price point with a favorable GRM, this is a solid long-term hold, value-add, or entry multifamily asset in Los Angeles. Ideal for investors seeking stable income today with future rent growth potential.

Additional Information

Other Buildings
None
Heat
Wall
Cooling
None
Number of Cars in Garage
Driveway, Parking Space

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Courtesy of Forward One, Ideen(Eddie) Toudeh Fallah - CA DRE#01969011 Selling Office: .

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